Key Lime Sailing Club & Cottages and Marina 99306 Overseas Highway & 54400 S Dixie Highway 9 Room Hotel Key Largo, FL 33037 $18,844,921 CAD ($2,093,880 CAD/Room)

Seize on this exciting opportunity to acquire a mixed-use portfolio of vacation rentals and marinas serving the vibrant Florida Keys with the Key Lime Sailing Club & Cottages and the South Dade Marina & Eco Adventures. These performing businesses deliver a turnkey opportunity for a new owner to secure a lucrative investment with robust upside potential to enter or expand in this thriving coastal market.

The Key Lime Sailing Club & Cottages, at 99306 Overseas Highway in Key Largo, includes eight freestanding cottages, comprising one triplex, one duplex, and three single units, all built in 1970. The property also offers a two-story residential building with two bedrooms facing the bay, a private patio and a barbecue area, two large dining areas, and a spacious living room, as well as a freestanding 800-square-foot commercial building with retail or office use potential. Guests enjoy complimentary, unlimited access to 22-foot sailing boats, snorkeling equipment, bicycles, kayaks, canoes, paddle boards, fishing gear, and barbecue grills. These fantastic amenities have attracted many repeat visitors to the property, and the business has received high online ratings, with a 4.6-star Google rating and almost 200 reviews. With direct frontage to the scenic Overseas Highway, this is a well-known establishment in the local market, seen by more than 41,000 vehicles daily.

The South Dade Marina & Eco Adventures, at 54400 S Dixie Highway in Key Largo, provides a 5.21-acre marina with additional billboard income. This quiet, low-impact, family-oriented marina is an excellent jumping off point for exploring Key West, Flamingo, or the Dry Tortugas. The property's dock includes 27 wet slips and 25 dry slips and is accessible for transient and long-term rentals. Tenants have access to wet storage facilities, as well as 15-amp electrical service and wash-down water. Guests can discover nearby kayak/canoe trails winding through shallow, pristine creeks and lakes, as well as Manatee Bay and Short Key.

Presenting an enticing investment market, the Florida Keys are a major hub for boating and marine culture. Thousands of commercial, recreational, and pleasure boaters visit the region each year to fish, dive, snorkel, and enjoy aquatic recreation, including kayaking and paddle board sports. The Keys saw all-time-record visitor counts during 2024 of over 143 million, a 1.7% increase from 2023. Key Largo accounted for approximately 15.6% of these visitors, benefitting the new owner of the Key Lime Sailing Club and the South Dade Marina with dependable demand.

Make a mark on the Florida Keys Boating Industry with this portfolio of performing, high-traffic marinas and vacation rentals at the Key Lime Sailing Club and the South Dade Marina.

The properties are $4.5 million more if purchased separately, presenting a valuable discount for portfolio investors. Tours are by appointment only. Please contact Paul Keever to schedule a tour and learn more about this exciting offer.